

Vietnam PM urges ASEAN Business Council to boost economic ties
Vietnam’s Prime Minister Pham Minh Chinh has urged the ASEAN Business Advisory Council (ASEAN BAC) to collaborate closely with...
Sep 16, 2024


Asian family businesses turn to private equity amid succession gaps
Family-owned businesses in Asia are increasingly turning to private equity firms to drive growth as fewer heirs step forward and...
Sep 16, 2024


AmCham: Only 66% of US firms profitable in China last year
US companies in China are reporting record-low profits and business confidence amid escalating US-China tensions and a slowing Chinese...
Sep 16, 2024


HSBC leads global dividends, Asia-Pacific growth lags
HSBC Holdings emerged as the world’s largest dividend payer in the second quarter, distributing USD11.7bn, driven by a USD4bn special...
Sep 13, 2024


CEOs urged to lead AI adoption, says PwC
CEOs should lead the adoption of artificial intelligence (AI) in organisations, says Scott Likens, PwC’s global AI and innovation...
Sep 13, 2024


Thailand’s KBank, partners with BAM on new asset management venture
Kasikornbank (KBank) has partnered with Bangkok Commercial Asset Management (BAM) to form a joint venture asset management company...
Sep 13, 2024


Asset manager BNY Investments names Sakakibara as Japan head
Global asset manager BNY Investments has appointed Masaaki Sakakibara as the new head of its Japan operations, effective September 9....
Sep 13, 2024


Deloitte signs 50 deals to support family offices in Hong Kong
Deloitte has signed around 50 engagement letters since May 2023 to assist family offices from mainland China and Southeast Asia in...
Sep 12, 2024


Shanghai police probe HywinWealth Management over illegal fundraising
Shanghai police have launched a criminal investigation into Hywin Wealth Management for alleged involvement in illegal fundraising,...
Sep 12, 2024


Digital family office Arta Finance secures EDBI funding
Arta Finance, a US-based digital family office, secured a strategic investment from EDBI, the venture capital arm of Singapore’s Economic...
Sep 12, 2024


Cathay Financial Raises Taiwan GDP Forecast to 3.7%
Cathay Financial Holding Co raised its GDP growth forecast for Taiwan this year from 3.6% to 3.7%, citing stronger-than-expected exports,...
Sep 12, 2024


Hong Kong Ambassadors Club hosts 1st anniversary forum
The Hong Kong Ambassadors Club (HKAC) marked its first anniversary with a high-profile event on Tuesday, September 10, 2024, at the Four...
Sep 11, 2024


South Korea’s finance minister proposes scrapping investment income tax
South Korea’s Finance Minister Choi Sang-mok announced plans to review and potentially scrap the forthcoming financial investment income...
Sep 11, 2024


ADB president Masatsugu Asakawa announces resignation
Masatsugu Asakawa, President of the Asian Development Bank (ADB), has declared his resignation effective February 23, 2025. Following...
Sep 11, 2024


Majority of Hongkongers Embrace AI for Wealth Management
According to a survey by business consultancy Capco, most affluent Hongkongers are embracing artificial intelligence (AI) for wealth...
Sep 11, 2024


McKinsey report highlights investment opportunities in APAC family offices
Banks and insurers in Singapore and Hong Kong are poised to capitalise on the burgeoning family office sector, which manages...
Sep 10, 2024


Hong Kong to boost philanthropy among wealthy family offices
Hong Kong Chief Executive John Lee Ka-chiu announced plans to transform Hong Kong into a major philanthropic hub. Speaking at the Hong...
Sep 10, 2024


Belt and Road Summit 2024 to highlight sustainable growth and cooperation
The 2024 Belt and Road Summit , organised by the Hong Kong Trade Development Council (HKTDC), convened senior government officials and...
Sep 10, 2024


Singapore business confidence hits two-year high in Q4
Business confidence in Singapore has risen for the fifth consecutive quarter, reaching a two-year peak in Q4 of 2024, according to the...
Sep 10, 2024


Philippine CEOs optimistic about revenue growth despite global uncertainties
A recent survey conducted by PwC Philippines in partnership with the Management Association of the Philippines (MAP) reveals strong...
Sep 9, 2024

